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One of the implications is this growing recognition that innovation is rarely succeeding in isolation but it is growing on a more highly dependent type of complementary innovation, a collaborative network, working around this new emerging innovation to deliver a more connected, radical experience, requiring innovation ecosystem management.
Result: Kodak’s failure to innovate and adapt to digital technology ultimately led to bankruptcy in 2012. This lack of trust leads to poor collaboration, hampers problem-solving, and ultimately affects the overall success of the company. Encouraging Collaboration and Co-Creation Collaboration is at the heart of Design Thinking.
Under Mulally’s strategic vision and the “One Ford” plan, he streamlined brands, globalized the company’s operations, and renewed focus on innovative car designs. By 2012, Ford reported a $5.7 In an ever-globalizing world, where interdisciplinary collaboration is the key to innovation, let’s not restrict leadership to industry silos.
Institutions mired in bureaucracy and legal restriction are typically the slowest to see innovative change. Collaboration is difficult across many disparate agencies, and one has to pass through so many stage gates to get anything evaluated and approved. The SocialInnovation Fund. The SocialInnovation Fund.
Visitors to the 2012 Olympic Games enjoyed the shared space rework of London's cultural mecca, Exhibition Road, a three-year, multi-million dollar project. Look around the corporate world, and you can find great examples of organizations also taking the "shared space" approach too so people can better collaborate and innovate.
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